Wednesday 25 July 2018

Qatar signs over 50 bilateral agreements to protect overseas investments

Qatar signs over 50 bilateral agreements to protect overseas investments:

Qatar has signed more than 50 bilateral agreements aimed at safeguarding and protecting investments abroad, according to a member of the International Court of Arbitration of the International Chamber of Commerce (ICC).

Sheikh Dr Thani bin Ali al-Thani said the agreements represent a basic guarantee for all Qatari investors, including the Qatar investment Authority, economic entities, government-owned corporations, and private companies on establishing investments in projects being implemented in other countries.

Sheikh Thani stressed on the key role played by international policies in safeguarding foreign investments worldwide, noting that all international organisations and agreements are keen on setting up unified rules to provide equal treatment for all investments without discrimination between local and foreign investors.

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